Core Insights - 佛燃能源 reported a total revenue of 23.501 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 5.38% [4][5] - The net profit attributable to shareholders was 490 million yuan, an increase of 6.07% compared to the same period last year [4][5] - The company's basic earnings per share stood at 0.32 yuan, with a weighted average return on equity of 8.86% [4][5] Financial Performance - Revenue for the reporting period was 8.164 billion yuan, showing a slight decrease of 0.16% year-on-year [5] - The net profit attributable to shareholders was approximately 180.619 million yuan, reflecting a growth of 4.07% [5] - The net profit after deducting non-recurring gains and losses was about 173.276 million yuan, up by 2.23% [5] - The net cash flow from operating activities was 5.24 billion yuan, down 57.74% year-on-year [4][20] Profitability Metrics - The weighted average return on equity for the first three quarters of 2025 was 8.86%, a decrease of 2.1 percentage points from the previous year [17] - The return on invested capital was 4.18%, which is an increase of 0.11 percentage points compared to the same period last year [17] Asset and Liability Changes - As of the end of Q3 2025, fixed assets decreased by 2.03%, while inventory increased by 78.54% [23] - Short-term borrowings increased by 236.09%, while non-current liabilities due within one year decreased by 68.2% [26] - The company's total assets were approximately 21.052 billion yuan, with total equity attributable to shareholders at about 8.563 billion yuan [5][23] Liquidity Ratios - The current ratio was 1.04, and the quick ratio was 0.82 as of the reporting period [29]